It's a bit of a confounding factor because all China exposed stocks are up heavily due to the economic stimulus that was announced. Particularly the consumer staples but also resources.
There's not much rationale to buy BUB any more. They pretty much trashed their brand and any market share they had in China through mismanagement. Yes they have a presence in USA now but it's not profitable and A2M would be more interested in launching their own brand. They have a manufacturing facility that could be of interest but that's about it. The topic of other forms of A2 milk (e.g. sheep and goat) has been put to A2 management in the past, and it seemed quite low down the list of possibilities.
Ann: Trading Halt, page-25
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Last
$5.71 |
Change
-0.060(1.04%) |
Mkt cap ! $4.134B | |||
| Open | High | Low | Value | Volume |
| $5.70 | $5.78 | $5.69 | $6.339M | 1.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $5.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.72 | 1701 | 2 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |